Bitloto Now Offers Sustainable Blockchain Lottery Platform with Unique Cryptocurrency Ticketing

Bitloto’s Sustainable Blockchain Lottery Technology to Improve Transparency in The Lottery Ecosystem

November 19, 2020: Bitloto, a blockchain technology provider is now offering lottery and sweepstakes organizers a pathbreaking blockchain lottery technology to improve sweepstakes management. With the blockchain lottery system, sweepstakes providers can now do away with the conventional ticket-based lottery and go completely digital to use Bitloto’s unique tokens that are a combination of cryptocurrency and lottery tickets. Bitloto’s blockchain lottery platform will bring transparency, reliability and fairness, to the sweepstakes ecosystem making it completely sustainable.

Managing lotteries is no easy task. Moreover, a growing digital economy demands more transparency and fairness. A system like advanced blockchain technology is the best solution to tackle the challenges faced by the sweepstakes industry. Blockchain technology with its distributive nature can bring about improved changes in the pattern of lottery management today. Using blockchain technology, Bitloto provides a revolutionary innovation of the cryptocurrency ticket that will have its economic value and serve as a lottery ticket.

While most blockchain integrated lottery systems use the technology for systematic and organized management Bitloto is offering something more. Through the Bitloto platform, lottery tickets just like a bitcoin can be mined with user-provided supercomputing making it the first renewable and sustainable lottery process. The Bitloto blockchain lottery and cryptocurrency will help users win larger jackpots too. Gone are the days when users have to purchase lottery and raffle tickets that come with its risks and obstacles. Now with Bitloto technology integrated into a service provider’s lottery system, users can mine their tickets that can be used as a cryptocurrency. One can also use the newly developed Bitloto app for a faster and seamless process.

Besides, Bitloto’s comprehensive blockchain-supported platform offers financing for clubs providing a source of commercial footballing, gaming, and betting online assets for the BTT ecosystem. It will also benefit merchandise, hospitality, broadcast, and betting retail services by creating a token-based marketplace with no room for error or risk.

The company is also in the process of developing a tradeable ERC-20 digital token called the BTT Token that can be exchanged between cryptocurrency to fiat. The Token will be listed on all betting platforms as well. Bitloto also offers investment packages of different values that can be purchased from their platform directly. On Bitloto, users can easily buy or sell tickets where deposits and withdrawals are processed automatically. Moreover, Bitloto provides a confidential and anonymous experience with user transactions featuring the highest security through a self-managed contract system accessible to every user.

Bitloto was established by a talented team of cryptocurrency and blockchain technology experts who created the unique Bitloto Blockchain lottery system as a renewable technology with a mission to change the lottery ecosystem globally. The company is also engaged in 92000 Gambling and betting activities in partnership with MyLotto24 Limited.

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Organization: Bitloto

Release ID: 88986395